L&T construction, industrial products vertical wins significant orders in India

/2 min read

ADVERTISEMENT

The construction major classifies a significant order as one with a value between ₹1,000 crore and ₹2,500 crore.
THIS STORY FEATURES
Larsen & Toubro Ltd Fortune 500 India 2024
L&T construction, industrial products vertical wins significant orders in India
L&T’s all-women maintenance team at JSW Steel plant. L&T said that the construction equipment business unit has won long-term, after-sales support orders from major coal and cement producers in India for supplying Komatsu mining equipment.  Credits: Laxmi Prasad Maharana
In this story
Profiles Mentioned in this article

Larsen & Toubro (L&T) said on Friday that its construction equipment and industrial products design and development vertical has secured multiple orders across diverse segments. While the company did not reveal the exact value of the contract, L&T classifies a significant order as one with a value between ₹1,000 crore and ₹2,500 crore.

L&T said that the construction equipment business unit has won long-term, after-sales support orders from major coal and cement producers in India for supplying Komatsu mining equipment. “These orders reaffirm the safe design and reliability of Komatsu machinery, as well as the trust customers place in L&T’s robust after-sales service capabilities,” it said in a release. The construction equipment business unit has also secured extensions of several maintenance contracts. 

fortune magazine cover
Fortune India Latest Edition is Out Now!
The Year Of EV Launches

September 2025

2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.

Read Now

The company also said that the Rubber Processing Machinery business unit of the construction equipment and industrial product design and development vertical has won multiple orders from “leading tyre manufacturers” in India. The scope of the order includes the design and manufacture of tyre curing presses and tyre building machines, catering to segments ranging from two-wheelers and passenger cars to trucks and buses. 

Apart from the two orders, L&T Valves has secured multiple orders for polyvinyl chloride (PVC) and chlorinated polyvinyl chloride (CPVC) projects from Major domestic companies. It has also been awarded some contracts by leading EPC companies in Saudi Arabia.

In July, the construction major reported a 30% year-on-year rise in its net profit for the quarter ended June at ₹3,617 crore. Consolidated revenues of the infrastructure giant jumped 16% to ₹63,679 crore for the first quarter, aided by healthy execution witnessed in its key Projects & Manufacturing (P&M) portfolio.

L&T received orders worth ₹94,453 crore at the group level during the quarter ended June. The company registered a year-on-year growth of 33% aided by a strong ordering momentum witnessed across diverse businesses. The consolidated order book of the group as of June 30, 2025, stood at ₹6.12 lakh crore, representing a 6% growth over March 2025. The share of international orders was 46%.

During the quarter, orders were received across multiple businesses like Thermal BTG, Renewables, Power Transmission & Distribution, Hydel, Non-Ferrous Metals, Offshore & Onshore businesses of Hydrocarbon, Commercial and Residential projects. International orders stood at ₹48,675 crore, accounting for 52% of the total order inflow.

L&T shares were trading 0.19% lower on the exchanges at ₹3,679 apiece.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.